Business plan on pandoro

1. EXECUTIVE SUMMARY
At Pandoro we are a dedicated bakery product solution provider to the Food Service Industry as well
as a specialist boutique retail bakery.We produce primarily specialty breads and non-yeasted
sourdoughs that are all additive free, GM free and made to a premium standard using traditional
artisan methods.
We offer a wide variety of bread products which are baked fresh daily then delivered seven
mornings a week throughout Auckland, Wellington, Hamilton and other regions of the North Island.
We can arrange special deliveries to the South Island.
We also offer a range of traditional and contemporary cake and pastry products as part of our
commitment to being a one-stop shop solution provider.We offer a sales and service call centre
dedicated to handling wholesale customer enquiries seven days a week.

1.1 MISSION
Since 1992 Our Mission
“PANDORO IS COMMITTED TO BEING A WORLD CLASS ARTISAN BAKERY”

1.2 Keys to Success

Keys to success for Pandoro will include:
1. Providing the highest quality product with personal customer service.
2. Competitive pricing.

COMPANY HISTORY

Pandoro has operated in New Zealand for 19 years being set up by its original founders to
produce and retail the highest quality authentic Italian artisan breads and cakes. The business
began from humble beginnings as a small bakery at the top of Parnell Rise in Auckland
where the product was baked out the back of the store and then retailed out front. The
business grew based on word of mouth and by the superb quality and differentiation that was
offered by the handmade bakery products.
The business soon outgrew the premises and a separate wholesale bakery was established as
demand grew from restaurants, cafes, lunchbars, caterers and others that wanted Pandoro
products to fulfill their special needs.

Since then the operation has expanded to five retail outlets in Auckland and a duplication of
the operation in Wellington with a wholesale bakery and two retail outlets.
2.2 Start-up Summary

PANDORO is a start-up company. Financing will come from the partners' capital and a tenyear SBA loan. The following chart and table illustrate the company's projected initial startup costs.

Start-up Requirements
Start-up Expenses
Legal

$3,000

Premise renovation

$20,000

Expensed equipment

$40,000

Other

$1,000

Total Start-up Expenses

$64,000

Start-up Assets

Tramezzino. Tinned (square) Loaves (variety of flavours).000 Total Funding Required $211. Flatbreads (Focaccia and Pide). Filled Breads. Dinner Rolls.000 Liabilities and Capital Liabilities Current Borrowing $0 Long-term Liabilities $100. Panini. Hand Shaped Breads.000 Products Bread Bread Products include: Ciabatta. two sizes of Brioche. Cakes & Desserts. Biscotti.000 Accounts Payable (Outstanding Bills) $1.000 Total Funding $211. Mini Loaves (variety of flavours) Breakfast Breads Eight varieties of Danish. Croissants.000 Other $0 Additional Investment Requirement $0 Total Planned Investment $110.Cash Required $70.000 Total Capital and Liabilities $147.000 Total Assets $147.000 Start-up Assets to Fund $147. Crostini. Biscuits .000 Loss at Start-up (Start-up Expenses) ($64.000 Cash Requirements from Start-up $70. Tarts. Tartlets.000 Capital Planned Investment Patterson $55. Chocolate Rolls Cakes & Biscuits Brownie.000 Other Current Assets $12.000) Total Capital $46.000 Long-term Assets $65. Flats (gourmet burger buns). Sourdough.000 Total Assets $147.000 Start-up Funding Start-up Expenses to Fund $64.000 Total Requirements $211.000 Other Current Liabilities (interest-free) $0 Total Liabilities $101.000 Fields $55. Sticks.000 Assets Non-cash Assets from Start-up $77.000 Additional Cash Raised $0 Cash Balance on Starting Date $70.

This will establish a healthy. Christmas Cake. . Treat family and friends to the delights of Pandoro Panetteria. Christmas Tarts. consistent revenue base to ensure stability of the business. Muffins and Cold Drinks Festive Products – Christmas Add a touch of sophistication to your celebrations. as well as a significant level of tourist traffic from nearby highways.1 Market Segmentation PANDORO focuses on the middle. Tourists Tourist traffic comprises approximately 35% of the revenues. Hot Cross Buns Coffee We proudly serve our own Pandoro blend of Allpress Coffee and Coffee Supreme Loyalty card – use anywhere Staff intensive training by Allpress and Coffee Supreme Market Analysis Summary Pandoro focus is on meeting the demand of a regular local resident customer base. 4.and upper-income markets.Lunch Sandwiches. These market segments consume the majority of coffee and espresso products. High visibility and competitive products and service are critical to capture this segment of the market. Savouries. Local Residents PANDORO wants to establish a large regular customer base.

2.and espresso-making equipment and accessories such as coffee grinders. . coffee makers. along with Italian-style espresso beverages. industry retail sales mix by product type was approximately 73% beverages. as well as an assortment of coffee. and a line of premium teas. They desire a unique. with a relatively steady flow for the remainder of the day. eight percent whole-bean coffees. During the remaining warmer four months of the year.3 Service Business Analysis The retail coffee industry in the NZ has recently experienced rapid growth. Larger stores carry a broad selection of whole bean coffees in various sizes and types of packaging. along with a slower but consistent demand for hot coffee products. During fiscal year 2000. storage containers.4. In addition to sales through company-operated retail stores. 4.1. The cool marine climate in southwest Auckland stimulates consumption of hot beverages throughout the year. coffee-related accessories and equipment. PANDORO will position itself as a place where customers can enjoy a cup of delicious coffee with a fresh pastry in a relaxing environment. hot coffee products are very much in demand.1 Market Needs Because Newzealand has a cool climate for eight months out of the year. a more limited selection of whole-bean coffees. travel tumblers and mugs.1 Market Analysis The chart and table below outline the total market potential of the above described customer segments. sell these items primarily through company-operated retail stores. classy experience. 4. 4. and a few accessories such as travel tumblers and logo mugs. and five percent coffee-making equipment and accessories.2 Target Market Segment Strategy The dominant target market for PANDORO is a regular stream of local residents. coffee filters. leading competitors sell coffee and tea products through other channels of distribution (specialty operations).. whole-bean coffees and.1 Competition and Buying Patterns Competition in the local area is somewhat sparse and does not provide nearly the level of product quality and customer service as PANDORO. cold-blended beverages. a variety of pastries and confections. Larger chains vary their product mix depending upon the size of each store and its location. 4. 14% food items. iced coffee products are in significantly high demand. Leading competitors purchase and roast high quality. Much of the day's activity occurs in the morning hours before ten a. Despite low competition in the immediate area. Coffee drinkers in the NEW ZEALAND are finicky about the quality of beverages offered at the numerous coffee bars across the region. Smaller stores and kiosks typically sell a full line of coffee beverages.m. espresso machines.3. Local customers are looking for a high quality product in a relaxing atmosphere. Personal and expedient customer service at a competitive price is key to maintaining the local market share of this target market.

1 Competitive Edge PANDORO's competitive edge is the relatively low level of competition in the local area in this particular niche. certain food items. and other items via the Internet have become more commonplace as well. and select coffee-making equipment and accessories. . Websites offering online stores that allow customers to browse for and purchase coffee.000 in the first year.000 in the third year of the plan.2 Sales Strategy As the chart and table show. $567. 5. Additionally. Need actual charts? We recommend using LivePlan as the easiest way to create graphs for your own business plan. PANDORO anticipates sales of about $491. mail order catalogs offering coffees. espresso. and bakery products with personal service at a competitive price. 5. have been made available by a few larger competitors. and $655.Technologically savvy competitors make fresh coffee and coffee-related products conveniently available via mail order and online. Strategy and Implementation Summary PANDORO will succeed by offering consumers high quality coffee. gifts.000 in the second year.

100 267.00 $1.600 104.000 94.00 $3. Create your own business plan » Sales Forecast Year 1 Year 2 Year 3 Unit Sales Espresso Drinks 135.05 $1.350 Pastry Items 86.00 .31 Pastry Items $1.410 Unit Prices Year 1 Year 2 Year 3 Espresso Drinks $3.500 163.15 $3.000 243.000 148.Create your own business plan » Need actual charts? We recommend using LivePlan as the easiest way to create graphs for your own business plan.10 Other $0.060 Other 0 0 0 Total Unit Sales 221.00 $0.00 $0.

and product development personnel.55 Other $0.023 Pastry Items $43. PANDORO expects to make significant investments in sales.330 $114.981 $45.665 $57.646 $102.000 $467. David Fields brings experience in the area of finance and administration. Bplans School of Business Great Discounted Courses to Help you Start and Run a Successful Business Research Your Industry Need to Get Figures on Your Industry? Free Year Financial Reports Available .363 Other $0 $0 $0 Subtotal Direct Cost of Sales $76. and was vice president of marketing with both Jansonne & Jansonne and Burper Foods.00 Espresso Drinks $33.00 $0.000 $99.53 $0.50 $0.280 Pastry Items $86.00 $0.28 Pastry Items $0.726 Other $0 $0 $0 Total Sales $491. and management.750 $88. marketing.26 $0. sales support.775 $540.750 $38.Sales Espresso Drinks $405.000 $567. including a stint as chief financial officer with both Flaxfield Roasters and the national coffee store chain.25 $0. BuzzCups.1 Personnel Plan As the personnel plan shows. 6.386 Direct Cost of Sales Management Summary Austin Patterson has extensive experience in sales.000 $49.006 Direct Unit Costs Year 1 Year 2 Year 3 Espresso Drinks $0.105 $655.

Personnel Plan Year 1 Year 2 Year 3 Managers $100. and by operating expenses.800 $273. PANDORO should break even by the fourth month of its operation as it steadily increases its sales. and fixed costs.000 $126.300 Other $0 $0 $0 Total People 10 10 10 Total Payroll $260.000 of its own capital.982 Baristas $120.1 Break-even Analysis PANDORO's Break-even Analysis is based on the average of the first-year figures for total sales by units.840 $44. These conservative assumptions make for a more accurate estimate of real risk.250 Pastry Bakers $40. This provides the bulk of the current financing required.840 $287. per-unit cost.000 $105. Download Your Software Now! . These are presented as per-unit revenue.532 Financial Plan PANDORO expects to raise $110. and to borrow $100.800 $42.000 $110.000 $132.000 guaranteed by the SBA as a ten-year loan. Research Your Industry Need to Get Figures on Your Industry? Free Year Financial Reports Available #1 Business Plan Software Top Selling Business Plan Software for 10 Years. 7.

PANDORO expects to continue its steady growth in profitability over the next three years of operations. Create your own business plan » Break-even Analysis Monthly Units Break-even 17. .Need actual charts? We recommend using LivePlan as the easiest way to create graphs for your own business plan. Create your own business plan » 7.255 Monthly Revenue Break-even $38.22 Average Per-Unit Variable Cost $0.2 Projected Profit and Loss As the Profit and Loss table shows.343 Need real financials? We recommend using LivePlan as the easiest way to create automatic financials for your own business plan.35 Estimated Monthly Fixed Cost $32.336 Assumptions: Average Per-Unit Revenue $2.

130 $127.200 $71.105 $655.120 $420.37% $260.019 $36.120 $41.43% 7.260 $1.146 $15.250 Taxes Incurred $3.37% 84.376 $482.006 Direct Cost of Sales $76.65% 6.750 $88.460 Depreciation $60.620 Gross Margin % 84.650 Net Profit $13.386 Other $0 $0 $0 Total Cost of Sales $76.800 $273.925 Net Profit/Sales 2.000 $35.350 Utilities $1.130 $58.795 Profit Before Interest and Taxes $26.083 $69.437 $45.532 Sales and Marketing and Other Expenses $27.386 Gross Margin $414.01% Expenses Payroll 7.000 $69.000 $9.076 $43.200 $1.37% 84.000 $79.Pro Forma Profit and Loss Year 1 Year 2 Year 3 Sales $491.130 Other $0 $0 $0 Total Operating Expenses $388.459 $552.3 Projected Cash Flow The cash flow projection shows that provisions for ongoing expenses are adequate to meet PANDORO's needs as the business generates cash flow sufficient to support operations.000 $567.840 $287.646 $102.750 $88.500 $8.646 $102. .111 $12.250 $478.825 EBITDA $86.083 $149.175 Interest Expense $10.323 Payroll Taxes $39.

105 $655. Create your own business plan » Pro Forma Cash Flow Year 1 Year 2 Year 3 Cash Received Cash from Operations Cash Sales $491. VAT.006 Subtotal Cash from Operations $491.000 $567. HST/GST Received $0 $0 $0 New Current Borrowing $0 $0 $0 New Other Liabilities (interest-free) $0 $0 $0 New Long-term Liabilities $0 $0 $0 Sales of Other Current Assets $0 $0 $0 Sales of Long-term Assets $0 $0 $0 Additional Cash Received .006 Sales Tax.000 $567.105 $655.Need actual charts? We recommend using LivePlan as the easiest way to create graphs for your own business plan.

000 Dividends $0 $0 $0 Subtotal Cash Spent $404.4 Balance Sheet The following is a projected Balance Sheet for PANDORO.000 $567.804 $525.964 $237.744 Cash Balance $156.301 $94.263 Net Cash Flow $86.593 $76. VAT.840 $287.000 $12.000 $12. HST/GST Paid Out $0 7.105 $655.894 $327.804 $560.000 $15.593 $232. Pro Forma Balance Sheet Year 1 Year 2 Year 3 Assets Current Assets Cash $156.000 .263 $0 $0 $0 Principal Repayment of Current Borrowing $0 $0 $0 Other Liabilities Principal Repayment $0 $0 Long-term Liabilities Principal Repayment $0 $10.731 Subtotal Spent on Operations $404.637 Additional Cash Spent Sales Tax.607 $186.000 Purchase Other Current Assets $0 $0 $0 Purchase Long-term Assets $0 $20.894 $327.New Investment Received $0 $0 $0 Subtotal Cash Received $491.000 $20.593 $232.006 Expenditures Year 1 Year 2 Year 3 Expenditures from Operations Cash Spending $260.532 Bill Payments $143.407 $460.800 $273.637 Other Current Assets $12.407 $490.

000) ($103.438 $19.981) ($14.438 $19.907 Paid-in Capital $110.925 Total Capital $59.000 $110.894 $236.019 $95.000 Total Liabilities $114.000 $110.Total Current Assets $168.544) Earnings $13.907 Long-term Liabilities $100.593 $244.456 7. These ratios are determined by the Standard Industry Classification (SIC) Index code 5812.350 Total Long-term Assets $5. Ratio Analysis Year 1 Sales Growth 0.287 Net Worth $141.350) Total Assets $173.894 $339.907 Current Borrowing $0 $0 $0 Other Current Liabilities $0 $0 $0 $15. Eating Places.019 $36.50% Year 3 Industry Profile 15.894 Long-term Assets Long-term Assets Liabilities and Capital Year 1 $236.574 Total Liabilities and Capital $173.593 $200.000) ($50.000 Retained Earnings ($64.437 $45.50% 7.00% Year 2 15.287 Year 2 Year 3 Current Liabilities Accounts Payable $14.381 $59.5 Business Ratios The following table represents key ratios for the retail bakery and coffee shop industry.000 $208.019 $95.000 $90.574 $105.438 $94.000 $75.000 $105.637 $65.60% .000 ($44.381 Subtotal Current Liabilities $14.593 $200.000 Accumulated Depreciation $60.000 $129.574 $15.000 $85.456 $141.

60% Total Current Assets 97.00% 100.06% 4.65% 6.43% 7.00% 100.70% Long-term Assets 2.00% 52.66% 0.49% 1.08% 35.01% n.70% Long-term Liabilities 57.a Activity Ratios .74% 28.80% Advertising Expenses 0.20% Net Worth 34.76% 6.57 15.24% 10.48% 40.70% Pre-tax Return on Assets 9.30% Percent of Sales Main Ratios Additional Ratios Year 1 Year 2 Year 3 Net Profit Margin 2.40% 7.90% 43.86 17.79 12.a Payment Days 27 29 27 n.06% 38.61% 44.48% n.98 Quick 11.87% 3.00% 100. General & Administrative Expenses 74.17 n.20% Pre-tax Return on Net Worth 27.68% 8.74% 71.06 0.a Accounts Payable Turnover 10.65 Total Debt to Total Assets 66.17% 61.48% 40.00% Gross Margin 84.17 12.74% 56.17% 32.12% 121.17% 61.33% 50.a Return on Equity 22.43% 71.80% 31.50% Total Liabilities 66.39% 39.20% Profit Before Interest and Taxes 5.50% Selling.37% 84.Percent of Total Assets Other Current Assets 6.37% 84.74% 43.97% 5.55% 1.00% 100.00% 52.57 15.90% 143.83% 38.32% 10.00% 47.29% 24.70% Current 11.80% Sales 100.00% 100.00% Current Liabilities 8.18% 26.90% -43.52% 59.30% Total Assets 100.06 0.37% 60.91% 5.86 17.42% 32.00% 100.88% -21.

500 $37.00 $3.00 $1.86 17.00 $1.500 $37.00 $0.94 1.00 $3.a Debt Ratios Liquidity Ratios Additional Ratios Appendix Sales Forecast Month 1 Month 2 Month 3 Month 4 Month 5 Month 6 Month 7 Month 8 Month 9 Month 10 Month 11 Month 12 Unit Sales Espresso Drinks 0% 5.77 n.00 $1.731 n.00 $1.833 20.833 20.00 $3.82 2.a Dividend Payout 0.83 2.00 $0.00 $3.000 3.500 $30.67 n.00 $1.500 12.32 5.333 8.00 $3.833 20.11 8.500 16.500 $37.500 $37.833 20.00 0.333 8.a Net Working Capital $154.36 n. 0.333 8.a Interest Coverage 2.500 12.833 20.94 4.00 $0.00 $1.00 $3.833 20.500 $37.333 Other 0% 0 0 0 0 0 0 0 0 0 0 0 0 7.500 12.833 20.500 $37.15 0.a Assets to Sales 0.a Current Debt/Total Assets 8% 8% 8% n.00 n.500 Pastry Items 0% 2.333 8.000 $22.00 $0.06 n.00 $15.500 12.13 0.21 n.00 $0.00 $1.10 0.833 20.57 15.00 $0.00 $0.a Debt to Net Worth 1.000 20.500 12.500 12.00 $3.35 0.000 6.00 $1.00 $1.a Current Liab.019 $229. to Liab.00 $0.a Sales/Net Worth 8.00 Pastry Items $1.00 Other $0.35 0.00 $3.500 $37.00 $0.00 $3.456 $319.a Acid Test 11.000 $37.500 10.500 $37.00 $0.Total Asset Turnover 2.00 0.61 6.000 8.63 n.333 8.00 $1.00 $1.00 $3.333 8.500 12.00 $0.500 12.333 8.500 Sales Espresso Drinks .000 12.833 Total Unit Sales Unit Prices Month 1 Month 2 Month 3 Month 4 Month 5 Month 6 Month 7 Month 8 Month 9 Month 10 Month 11 Month 12 Espresso Drinks $3.000 10.000 7.46 n.333 8.00 $3.

50 $0.733 $21.733 $21.125 Pastry Items $1.25 $0.25 $0.333 $8.400 $3.000 $10.000 Other 0% $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Total People 10 10 10 10 10 10 10 10 10 10 10 10 Total Payroll $21.375 $5.333 $8.25 $0.292 $7.292 $7.333 $8.125 $3.733 $21.333 Other $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Total Sales $17.500 $3.000 $10.733 $21.333 $8.50 $0.50 $0.400 Baristas 0% $10.00% 10.00% 10.500 $3.333 Pastry Bakers 0% $3.333 $8.25 $0.00 $0.833 $45.000 $4.00% 10.833 $45.000 $3.833 Direct Unit Costs Month 1 Month 2 Month 3 Month 4 Month 5 Month 6 Month 7 Month 8 Month 9 Month 10 Month 11 Month 12 Espresso Drinks 0.00% 10.167 $4.00% 10.333 $8.292 $7.400 $3.25 Pastry Items 0.00% .167 $4.400 $3.167 $4.833 $45.333 $8.000 $10.333 $8.50 $0.000 $25.00% 10.25 $0.333 $8.Pastry Items $2.733 $21.25 $0.400 $3.733 General Assumptions Month 1 Month 2 Month 3 Month 4 Month 5 Month 6 Month 7 Month 8 Month 9 Month 10 Month 11 Month 12 1 2 3 4 5 6 7 8 9 10 11 12 Plan Month Current Interest Rate Long-term Interest 10.00 $0.50 $0.250 $1.250 $3.50 Other 0.125 $3.00% 10.50 $0.00 $0.333 $8.292 Direct Cost of Sales Need real financials? We recommend using LivePlan as the easiest way to create automatic financials for your own business plan.00% 10.833 $45.875 $2.167 $4.333 $8.000 $10.333 $8.000 $10.000 $6.50 $0.292 $7.733 $21.500 $36.167 $4.00 $0.733 $21.333 $8.00% $0. Create your own business plan » Personnel Plan Month 1 Month 2 Month 3 Month 4 Month 5 Month 6 Month 7 Month 8 Month 9 Month 10 Month 11 Month 12 Managers 0% $8.00% 10.400 $3.000 $1.292 $7.400 $3.000 $10.00% 10.50 $0.00% $0.000 $10.333 $8.00 $0.00 $0.25 $0.167 Other $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Subtotal Direct Cost of Sales $2.00% 10.25 $0.00 $0.000 $45.25 $0.50 $0.00% 10.400 $3.00 $0.292 $7.733 $21.00% 10.00 $0.00 Espresso Drinks $1.00% 10.00% 10.00% 10.833 $45.333 $8.000 $8.400 $3.500 $7.000 $10.125 $3.833 $45.333 $8.00% $0.125 $3.400 $3.25 $0.25 $0.00% 10.167 $4.000 $10.733 $21.167 $4.833 $45.333 $8.167 $4.333 $8.00% 10.125 $3.00% 10.50 $0.833 $45.50 $0.733 $21.333 $8.292 $7.000 $10.00 $0.400 $3.400 $3.733 $21.00% 10.125 $3.00% 10.292 $7.000 $10.125 $3.00 $0.00% 10.00% 10.125 $3.

250 $2.733 $21.78% 8.899) ($8.542 $38.528) ($2.733 $21.000 $5.341 $1.250 $2.292 $7.007) $4.500 $36.198 $11.292 $7.343 $32.024 $4.733 $21.292 $7.250 $2.024 $4.00% 25.000 $5.09% 84.87% -32.542 Gross Margin % 86.09% 84.733 $21.341 $1.260 $3.375 $5.542 $38.250 $2.000 $25.292 $7.00% 25.000 Utilities 5% $100 $100 $100 $100 $100 $100 $100 $100 $100 $100 $100 $100 Payroll Taxes 15% $3.343 $32.78% 8.024 $4.341 $1.250 $2.593) ($5.00% 25.198 EBITDA ($12.733 $21.000 $5.542 $38.375 $5.343 $32.78% 8.09% Payroll $21.024 Net Profit/Sales -75.000 $5.343 $32.58% 8.341 $1.292 $7.542 $38.833 $45.260 $3.198 $6.500 $38.198 $6.833 Direct Cost of Sales $2.78% 8.198 $6.763) ($669) $1.78% Pro Forma Cash Flow Month 1 Cash Received Cash from Operations Month 2 Month 3 Month 4 Month 5 Month 6 Month 7 Month 8 Month 9 Month 10 Month 11 Month 12 .343 Profit Before Interest and Taxes ($17.341 $1.260 $3.198 $6.292 $7.00% 25.76% 84.292 $7.260 $3.341 $1.09% 84.292 $7.260 $3.500 $7.250 $2.250 $2.542 $38.00% 25.218) $3.76% 86.833 $45.250 $3.341 $1.198 $6.09% 84.733 $21.250 Expenses Depreciation 15% $5.00% 25.78% 8.000 $5.843) $6.198 $6.833 $45.292 $7.343 $32.000 $5.292 $7.125 $30.78% 8.250 $2.250 $2.00% Other 0 0 0 0 0 0 0 0 0 0 0 0 Month 1 Month 2 Month 3 Month 4 Pro Forma Profit and Loss Month 5 Month 6 Month 7 Month 8 Month 9 Month 10 Month 11 Month 12 Sales $17.292 Other $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Total Cost of Sales $2.09% 84.024 $4.00% 25.Rate Tax Rate 30.750 $22.343 $32.72% 84.733 Sales and Marketing and Other Expenses $2.343 $32.343 $32.198 $6.343 $32.292 $7.341 Net Profit ($12.833 $45.260 $3.260 $3.09% 84.00% 25.198 $6.000 $5.218) ($1.024 $4.000 $5.198 $11.833 $45.024 $4.733 $21.343 $32.09% 84.833 $45.00% 25.292 $7.198 $11.260 $3.292 $7.292 $7.78% 8.260 $3.542 $38.024 $4.292 Gross Margin $14.00% 25.341 $1.250 $2.250 $3.000 $5.343 $32.198 $11.260 $3.198 $11.733 $21.542 $38.260 $3.542 $38.50% -5.500 $7.260 Other $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Total Operating Expenses $32.000 $5.000 $45.250 $2.292 $7.00% 25.09% 84.78% 8.733 $21.733 $21.024 $4.289) ($2.198 $11.593) ($10.833 $45.198 $11.833 $45.157 $11.198 $11.000 $5.733 $21.292 $7.198 Interest Expense $833 $833 $833 $833 $833 $833 $833 $833 $833 $833 $833 $833 Taxes Incurred ($5.

076 $15.426 $102.521 $138.810 $36.833 $45.106 $3.833 $45.810 $36.810 $36.733 $21.076 Subtotal Spent on Operations $22.500 $36.699 $9.833 $45.810 $36.810 $36.810 $36.810 $36.024 $9.833 $45.833 $45. HST/GST Paid Out $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Principal Repayment of Current Borrowing $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Other Liabilities Principal Repayment $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Long-term Liabilities Principal Repayment $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Purchase Other Current Assets $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Purchase Long-term Assets $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Dividends $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Subtotal Cash Spent $22.024 $9.833 $45.833 Additional Cash Received Sales Tax.450 $111.833 Subtotal Cash from Operations $17.733 $21.024 $9.810 $36.000 $45.076 $15.Cash Sales $17.733 $21.810 $36.833 $45.403 $93.733 $21.076 $15.071 $12.833 $45.833 $45.000 $25.076 $15.833 $45.833 $45.161 $64.703 $84.633 $71.810 Net Cash Flow ($5.295 $7. Create your own business plan » .833 $45.833 $45.810 Sales Tax.733 $21.076 $15.024 $9.839 $25. VAT. VAT.839) $472 $7.000 $25.833 $45.929 $33.733 $21.833 $45.833 $45.196 $11.569 $156.810 $36.134 $36.000 $25.733 $21.401 $15.024 $9.593 Additional Cash Spent Need real financials? We recommend using LivePlan as the easiest way to create automatic financials for your own business plan.028 $28.810 $36.733 $21.498 $129.134 $36.833 $45.000 $45.810 $36. HST/GST Received 0.00% Expenditures Month 1 Month 2 Month 3 Month 4 Month 5 Month 6 Month 7 Month 8 Month 9 Month 10 Month 11 Month 12 Expenditures from Operations Cash Spending $21.733 $21.833 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 New Current Borrowing $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 New Other Liabilities (interest-free) $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 New Long-term Liabilities $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Sales of Other Current Assets $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Sales of Long-term Assets $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 New Investment Received $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Subtotal Cash Received $17.839 $25.024 $9.024 Cash Balance $64.028 $28.833 $45.545 $147.733 $21.833 $45.833 $45.000 $45.024 $9.833 $45.733 $21.810 $36.833 $45.929 $33.076 $15.733 Bill Payments $1.500 $36.500 $36.810 $36.833 $45.833 $45.474 $120.076 $15.

000 $65.124) ($7.574 $114.000 $10.521 $165.000 $12.898 $14.Pro Forma Balance Sheet Month 1 Assets Month 2 Month 3 Month 4 Month 5 Month 6 Month 7 Month 8 Month 9 Month 10 Month 11 Month 12 Starting Balances Current Assets Cash $70.633 $133.000 $25.000 $20.000) ($64.474 $157.000 $110.000 $110.000 $40.569 $173.703 $96.000 $12.450 $123.450 $153.171) ($15.995 $59.498 $161.574 $14.574 $14.000 $65.474 $157.593 Net Worth $46.076) $948 $4.971 $54.147) ($11.545 $169.703 $141.000 $100.php#ixzz1kFZBm4AC .000 $12.000 $60.000 $35.000 $25.000) Earnings $0 ($12.813 $22.633 $71.060 $6.000 $100.805 $26.574 $14.574 $14.bplans.000 $12.000 $60.900 $42.000 $100.000 $65.000 $12.995 $59.101 $24.187) ($23.000 $110.820 $10.900 $42.000 Total Liabilities $101.995 $13.000 $100.574 $114.574 $14.000 $50.000 $65.403 $93.498 $161.403 $105.000 $65.000 $110.000 $15.593 Long-term Assets $65.000 $3.101 $24.161 $64.000 Retained Earnings ($64.569 $168.000 $110.000 Total Assets $147.853 $34.521 $150.574 $14.876 $38.574 $14.574 $114.000 $136.000 $35.569 $173.000) ($64.521 $165.574 $114.574 $14.000 $30.574 $14.000 $12.545 $147.426 $114.000 $110.633 $83.000) ($64.000) ($64.569 $156.948 $50.000 $100.574 $114.000 $100.403 $145.820 $110.813 $22.000 $100.000 Total Long-term Assets $65.000 $3.633 $133.019 Total Liabilities and Capital $147.574 $14.593 Long-term Assets Liabilities and Capital Month 1 Month 2 Month 3 Month 4 Month 5 Month 6 Month 7 Month 8 Month 9 Month 10 Month 11 Month 12 Current Liabilities Accounts Payable $1.000 $100.060 $6.000) ($64.574 Long-term Liabilities $100.574 $14.000 $100.195) ($19.000) ($64.403 $145.000 $5.876 $38.019 Total Capital $46.100) ($3.574 $114.574 $114.000) ($64.450 $111.000 $12.000 $65.000 $45.948 $50.000 $65.000 $33.574 $14.000 $65.853 $34.000 $50.574 $14.829 $30.000 Accumulated Depreciation $0 $5.161 $131.805 $26.574 $14.820 $10.000 $12.899) ($21.574 $14.000 $110.000 $65.898 $14.000 Total Current Assets $82.924 $46.000 $12.703 $84.000) ($64.000 $76.574 $14.971 $54.000) ($64.000 $100.000 $20.000 $65.574 Current Borrowing $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Other Current Liabilities $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 $0 Subtotal Current Liabilities $1.000) ($64.000 $100.000) ($64.545 $169.426 $149.574 $114.593 Other Current Assets $12.000 $33.426 $102.000 $30.000 $103.000 $12.000 $110.000 $136.703 $141.924 $46.000 $65.000 $45.000 $100.000 $55.498 $141.161 $131.574 Paid-in Capital $110.019 Read more: http://www.474 $132.000 $64.829 $30.450 $153.474 $120.000) ($64.000 $110.000 $12.521 $138.898 $114.000 $15.000 $65.000 $110.161 $76.com/bakery_business_plan/financial_plan_fc.498 $129.000 $110.000 $55.000 $40.000 $12.060 $106.426 $149.000 $110.545 $159.971 $8.000 $10.